Global Intelligent Sanitary Ware Market Size By Product(Smart Toilets, Smart Faucets, Smart Showers), By Application(Commercial Building, and Residential Building), By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Intelligent Sanitary Ware Market Size And Forecast
Intelligent Sanitary Ware Market size was valued at USD 3,214.42 Million in 2020 and is projected to reach USD 6,663.16 Million by 2028, growing at a CAGR of 10.41% from 2021 to 2028.
Good WASH and waste management – when we actually do them right, all the time – help stop diseases from spreading between people in our neighborhoods, homes, schools, hospitals, and everywhere else we gather. That's why governments everywhere are stepping up to make sure everyone has access to decent sanitation. More public effort on sanitation means the market for related products is growing. Want to know more? The Global Intelligent Sanitary Ware Market report gives you the full picture. It digs deep into the main parts of the market, the latest trends, what's helping and hurting growth, who the big players are, and everything else that really matters. You can download a sample report here.
What is Intelligent Sanitary Ware?
Smart sanitary ware? Think toilet sinks, washbasins, cisterns, and even pedestals, but smarter! Imagine controlling your entire bathroom experience through your phone or other smart devices. We're talking about automated plumbing and sanitary systems packed with eco-friendly features and cool tech. Picture touchless faucets, sensor-enabled soap dispensers, automatic cisterns, and even hand dryers. But it doesn't stop there! You can centrally control lighting, air conditioning, heating, automated doors, digital faucets, soaking tubs, and of course, automatic toilets. It's all about convenience, control, saving money, and being energy efficient. Plus, it makes things easier for older folks and people with disabilities. Let's face it, the bathroom has changed. It's not just a place to "go" anymore; it's a personal oasis, a place to unwind. And with rising incomes, more smaller families, and a greater focus on the environment, people are investing in making their bathrooms smarter. As we embrace the Internet of Things (IoT) and turn our homes into smart homes, the demand for these upgraded bathrooms is only going to keep growing.
Global Intelligent Sanitary Ware Market Overview
As we've all become more aware of personal hygiene, we naturally want to feel cleaner and fresher every day. This has led to a huge surge in demand for products that are safe, sustainable, and good for the environment. It makes sense, right? People are simply more clued-up these days, understanding how they can make their homes and workplaces safer, healthier, and more sustainable. Take the touchless faucet, for example – it's a simple device that can dramatically improve hygiene while also saving water and energy. Because of this growing health awareness, the market for smart sanitary ware is really taking off. Investing in basic public health infrastructure, like water and sanitation systems, is also one of the smartest and most affordable ways to prepare for future pandemics, especially in places where resources are limited. Good WASH and waste management, consistently practiced, help prevent diseases from spreading between people in our communities, homes, schools, hospitals, and other public areas. That's why governments worldwide are stepping up to improve access to proper sanitation, and these increasing public sector efforts are really driving growth in the market.
It's amazing how quickly new technologies pop up these days, and that's speeding up how "smart" our sewage systems are getting. But, each country adopts these advancements at its own speed, shaped by its unique culture, strategies, and goals. You see, in less developed countries, they've been a bit more cautious about jumping on the bandwagon. Some things holding them back include the way technicians think, the disconnect between what's technically possible and political decisions, a reluctance to bridge the gap between theory and practice, and a tendency to simplify things instead of looking at the whole picture. Then there's this idea that technical knowledge is somehow superior, a difficulty in having open conversations, a preference for tried-and-true project designs, and a heavy focus on just the bottom line. On a different note, in South Asian countries like India, people have more money to spend, and they're investing it in their homes. This has caused a huge spike in demand for sanitary ware in that part of the world!
Global Intelligent Sanitary Ware MarketSegmentation Analysis
The Global Intelligent Sanitary Ware Market is segmented on the basis of Product, Application, and geography.
Intelligent Sanitary Ware Market by Product
Smart Toilets
Smart Faucets
Smart Showers
Others
When we look at the different types of smart home products, the market breaks down into things like Smart Toilets, Smart Faucets, Smart Showers, and, well, everything else! Believe it or not, Smart Toilets were the big winners in 2020, grabbing the biggest slice of the market. And get thisthey're expected to keep growing at a rate of 10.60% each year! Why? Well, these high-tech thrones have some pretty cool perks. They're loaded with sensors that do everything from automatically flushing to figuring out just how much water is needed. That means less water waste than your old-school toilet. Plus, they can even stop overflows and send alerts to your phone if they detect a leak, which can really help you save money on your water bill.
Intelligent Sanitary Ware Market by Application
Commercial Building
Residential
To Get Summarized Market Report By Application-
On the basis of Application, the Global Intelligent Sanitary Ware Market has been segmented into Commercial Building, and Residential. Commercial Building accounted for the largest market share in 2020 and is projected to grow at the highest CAGR during the forecast period. Residential was the second-largest market in 2020, and it is projected to grow at a highest CAGR.
Intelligent Sanitary Ware Market by Geography
North America
Europe
Asia Pacific
Rest of the world
To Get Summarized Market Report By Geography-
When we look at different regions, the Global Intelligent Sanitary Ware Market breaks down into North America, Europe, Asia Pacific, and the rest of the world. In 2020, North America was the biggest player, with Europe coming in second. You know, North America is pretty advanced across the board – think communication, healthcare, life sciences, you name it! And they're expected to stay on top for a while, mainly because people there really want those IoT-based sanitary products. Plus, more and more folks are using the internet and connected devices, and everyone's trying to save water. So, with more compatible gadgets and reliable networks popping up, the Intelligent Sanitary Ware Market in North America is really taking off!
Key Players
The “Global Intelligent Sanitary Ware Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are LIXIL Group Corporation, TOTO, Roca, Kohler, Duravit AG, Orans Co, INAX Inamoto Corporation, Shanghai Hengjie Sanitary Wares Co., Ltd., and Jaquar & Company Private Limited., and others.
The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key Developments
Company Name
Key Development
Description
TOTO
Product Launch
In May, 2021, TOTO, the world’s largest plumbing manufacturer announced its new TOUCHLESS smart-sensor faucets and rectangular Flotation Tub have garnered a bevy of esteemed international design tributes.
Roca
Product Launch
In June, 2020, Roca’s discover touchless products, which respond to the WHO recommendations in terms of prevention and control of infections.
Duravit AG
Product Launch
In December, 2020, Duravit has announced the launch of its C.1, B.1 and B.2 faucet series as well as the brand’s universal range of shower systems, tub sets and accessories.
Report Scope
Report Attributes
Details
Study Period
2017-2028
Base Year
2020
Forecast Period
2021-2028
Historical Period
2017-2019
Unit
Value (USD Million)
Key Companies Profiled
LIXIL Group Corporation, TOTO, Roca, Kohler, Duravit AG, Orans Co, INAX Inamoto Corporation, Shanghai Hengjie Sanitary Wares Co., Ltd., and Jaquar & Company Private Limited., and others.
Segments Covered
By Product, By Application, and By Geography.
Customization Scope
Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope
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Research Methodology of Market Research
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Reasons to Purchase this Report
We'll dig into the market using both qualitative and quantitative methods, breaking it down by economic stuff and the more human aspects. We'll give you the market value in USD Billion for every segment and sub-segment, and point out which region and segment are likely to grow fastest and be the biggest. Plus, we'll analyze each region, looking at how much of the product/service is being used and what's driving the market there. You'll also get a look at the competition, including who's leading the pack, new service/product launches, partnerships, expansions, and acquisitions from the last five years. We'll even give you detailed company profiles, with overviews, insights, product benchmarking, and a SWOT analysis for the main players. We'll cover the current and future of the market, looking at growth opportunities, drivers, challenges, and restraints in both new and established regions. We'll analyze the market from all angles using Porter's five forces and give you a clear picture of the Value Chain. Finally, you'll get insights into the market dynamics and upcoming growth opportunities, plus 6 months of analyst support after you buy.
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